Prudential Financial Inc. Has $1.29 Million Stock Position in TransUnion (NYSE:TRU)

Prudential Financial Inc. cut its holdings in TransUnion (NYSE:TRU) by 2.9% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 17,565 shares of the business services provider’s stock after selling 525 shares during the period. Prudential Financial Inc.’s holdings in TransUnion were worth $1,291,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of TRU. Cullen Frost Bankers Inc. raised its holdings in shares of TransUnion by 222.9% in the second quarter. Cullen Frost Bankers Inc. now owns 678 shares of the business services provider’s stock valued at $50,000 after purchasing an additional 468 shares during the last quarter. CENTRAL TRUST Co acquired a new stake in shares of TransUnion in the second quarter valued at approximately $54,000. Rockefeller Capital Management L.P. acquired a new stake in shares of TransUnion in the first quarter valued at approximately $122,000. Harel Insurance Investments & Financial Services Ltd. raised its holdings in shares of TransUnion by 66.7% in the second quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,000 shares of the business services provider’s stock valued at $147,000 after purchasing an additional 800 shares during the last quarter. Finally, Machina Capital S.A.S. acquired a new stake in shares of TransUnion in the second quarter valued at approximately $225,000.

A number of analysts have recently issued reports on TRU shares. Deutsche Bank lifted their price objective on shares of TransUnion from $75.00 to $78.00 and gave the company a “buy” rating in a report on Tuesday, July 2nd. Atlantic Securities downgraded shares of TransUnion from an “overweight” rating to a “neutral” rating in a report on Tuesday, July 30th. JPMorgan Chase & Co. lifted their price objective on shares of TransUnion from $78.00 to $92.00 and gave the company an “overweight” rating in a report on Wednesday, July 24th. Zacks Investment Research upgraded shares of TransUnion from a “hold” rating to a “buy” rating and set a $89.00 price objective on the stock in a report on Monday, July 29th. Finally, Morgan Stanley lifted their price objective on shares of TransUnion from $82.00 to $83.00 and gave the company an “equal weight” rating in a report on Wednesday, July 24th. Five investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. TransUnion presently has a consensus rating of “Buy” and a consensus price target of $79.42.

In other news, Director James M. Peck sold 103,331 shares of the business’s stock in a transaction dated Friday, July 26th. The shares were sold at an average price of $84.10, for a total value of $8,690,137.10. Following the completion of the sale, the director now owns 245,345 shares of the company’s stock, valued at $20,633,514.50. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Christopher A. Cartwright sold 44,040 shares of the business’s stock in a transaction dated Monday, July 29th. The shares were sold at an average price of $83.30, for a total transaction of $3,668,532.00. Following the completion of the sale, the insider now directly owns 155,978 shares of the company’s stock, valued at approximately $12,992,967.40. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 244,204 shares of company stock valued at $20,255,965. Company insiders own 0.92% of the company’s stock.

TRU traded down $0.24 during trading on Friday, reaching $81.08. 133,259 shares of the stock were exchanged, compared to its average volume of 893,225. The stock has a market cap of $15.38 billion, a P/E ratio of 35.10, a price-to-earnings-growth ratio of 3.32 and a beta of 1.00. TransUnion has a twelve month low of $52.15 and a twelve month high of $85.50. The stock’s 50 day moving average price is $82.35 and its two-hundred day moving average price is $72.76. The company has a debt-to-equity ratio of 1.82, a quick ratio of 1.51 and a current ratio of 1.51.

TransUnion (NYSE:TRU) last issued its earnings results on Tuesday, July 23rd. The business services provider reported $0.66 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.58 by $0.08. The business had revenue of $661.90 million for the quarter, compared to the consensus estimate of $644.73 million. TransUnion had a net margin of 12.84% and a return on equity of 22.94%. The firm’s revenue for the quarter was up 17.5% on a year-over-year basis. During the same period in the previous year, the company earned $0.62 earnings per share. Equities research analysts predict that TransUnion will post 2.47 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 6th. Shareholders of record on Thursday, August 22nd were given a dividend of $0.075 per share. The ex-dividend date was Wednesday, August 21st. This represents a $0.30 dividend on an annualized basis and a yield of 0.37%. TransUnion’s dividend payout ratio (DPR) is 12.99%.

TransUnion Profile

TransUnion provides risk and information solutions. The company operates in three segments: U.S. Information Services (USIS), International, and Consumer Interactive. The USIS segment provides consumer reports, risk scores, and analytical and decisioning services for businesses. These businesses use its services to acquire new customers; assess consumer ability to pay for services; identify cross-selling opportunities; measure and manage debt portfolio risk; collect debt; verify consumer identities; and investigate potential fraud.

Further Reading: Penny Stocks

Institutional Ownership by Quarter for TransUnion (NYSE:TRU)

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